Key Insights:
- Trading of Singapore’s newly launched SGX Bitcoin Perpetual Futures and the SGX Ethereum Perpetual Futures will kick off on November 24, 2025.
- The crypto perpetual futures products are built for institutions, with strong risk controls like dynamic margins, volatility checks, and contingency measures.
- Retail investors won’t be able to trade these crypto products on SGX. Instead, those seeking traditional-market exposure to digital assets will have to look towards Hong Kong’s coin-tracking ETFs.
Singapore’s stock exchange said it will introduce Bitcoin and Ethereum perpetual futures for institutional traders. According to the official announcement, the crypto-linked products will make it easy for institutional investors to participate in leveraged digital assets trading.
SGX said its crypto perpetual futures are built for institutions, with strong risk controls like dynamic margins, volatility checks, and contingency measures. The exchange added that these products will help investors manage crypto risks while exploring opportunities in the ever-expanding digital asset market.
Singapore To Kick Off Perpetual Bitcoin & Ethereum Futures on the Singapore Stock Exchange
Trading of Singapore’s new SGX Bitcoin Perpetual Futures and the SGX Ethereum Perpetual Futures will kick off on November 24, where institutional demand, crypto-native ecosystems and TradeFi will converge. This opens the door for traders to take advantage of leveraged contracts that offer perpetual payouts without an expiry date.
SGX stated that its new crypto futures contract will be benchmarked to the iEdge CoinDesk Crypto Indices, which will offer professional investors in the country with leeway to trade on the price movements of the two largest digital assets.
Lately, the derivative markets has dominated crypto activity with perpetual futures becoming a favorite among traders.
Asia Leads With Highest Perpetual Futures Trading Volumes
SGX described the move as a “game-changer,” pointing to the more than $187 billion in daily trading volume that perpetual futures generate worldwide, much of it driven by Asia.
The stock exchange also noted that most of this activity still happens on offshore platforms. By shifting it onshore, SGX said institutions will finally be able to trade Bitcoin and Ethereum “with confidence and scale.”
The launch has been well-received with positive early feedback from market participants, the exchange claimed, adding that professional traders view the move as a strategic move to make crypto assets accessible and open to institutional investors.
Retail Traders Won’t Access The New Crypto-linked Futures Products
Nevertheless, retail investors won’t be able to trade these crypto products on SGX. Instead, those seeking traditional-market exposure to digital assets will have to look towards Hong Kong’s coin-tracking ETFs which are a suitable option for anyone who doesn’t want to buy and hold the tokens directly.
Singapore continues to discourage retail speculation in digital coins because of their sharp swings, officials noted.
XS.com analyst Linh Tran pointed out that Bitcoin has slumped in recent days, dipping to a six month low below $93,000 over the weekend.
The analyst noted that Bitcoin has fallen almost 25% from its early-October peak near $125,000. He added that the sell-off isn’t just coming from retail traders anymore, saying institutional flows are now pulling back as they react to broader economic signals.
SGX CEO Loh Boon Chye confirmed that the exchange is not going to offer Bitcoin ETFs for now. He explained that demand is focused on institutional-grade products like derivatives and perpetual contracts, and added that any ETF launch would depend on market demand.